McGrath RentCorpMGRC
MGRC
About: McGrath RentCorp is a rental company. It is comprised of four reportable business segments namely Modular building segment (Mobile Modular); Portable storage container segment (Portable Storage); Electronic test equipment segment (TRS-RenTelco); and its classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Employees: 1,219
0
Funds holding %
of 7,245 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
4% more funds holding
Funds holding: 233 [Q4 2024] → 243 (+10) [Q1 2025]
3% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 86
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
0.76% less ownership
Funds ownership: 87.78% [Q4 2024] → 87.03% (-0.76%) [Q1 2025]
1% less capital invested
Capital invested by funds: $2.41B [Q4 2024] → $2.38B (-$29M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for MGRC.
Financial journalist opinion
Based on 5 articles about MGRC published over the past 30 days
Neutral
Business Wire
1 week ago
McGrath to Participate in the Bank of America Securities 32nd Annual Industrials, Transportation, and Airlines Key Leaders Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will participate in investor meetings at the Bank of America Securities 32nd Annual Industrials, Transportation, and Airlines Key Leaders Conference that will be held in New York, NY on Thursday, May 15, 2025. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in Nort.
Neutral
Business Wire
3 weeks ago
McGrath to Present at the Oppenheimer 20th Annual Industrial Growth Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that it will present at the Oppenheimer 20th Annual Industrial Growth Conference (virtual format) on Wednesday, May 7, 2025, at 10:30 a.m. ET. A simultaneous webcast and presentation slides will be posted under the “Events and Presentations” section of the Company's website at https://investors.mgrc.com/events-and-prese.
Neutral
Seeking Alpha
3 weeks ago
McGrath RentCorp (MGRC) Q1 2025 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC ) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger – Oppenheimer Daniel Moore - CJS Securities Steven Ramsey - Thompson Research Group Mark Riddick – Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp First Quarter 2025 Earnings Call.
Positive
Zacks Investment Research
3 weeks ago
McGrath (MGRC) Q1 Earnings and Revenues Surpass Estimates
McGrath (MGRC) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.93 per share a year ago.
Neutral
Business Wire
3 weeks ago
McGrath Announces Results for First Quarter 2025
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2025 of $195.4 million, an increase of 4% compared to the first quarter of 2024. The Company reported net income of $28.2 million, or $1.15 per diluted share, for the first quarter of 2025, compared to net income of $22.8 million, or $0.93 per diluted share, for the first q.
Positive
Seeking Alpha
1 month ago
McGrath RentCorp: An Attractive Way To Capture Strong Returns
McGrath RentCorp remains a 'Buy' due to its solid financial performance, attractive pricing, and potential for growth despite a failed merger with WillScot Holdings. The Mobile Modular segment drove significant revenue growth from $379.2 million in 2022 to $635.4 million in 2024, showcasing strong investment in rental equipment. Despite weaker performance in the Portage Storage and TRS-RenTelco segments, overall profitability metrics like net income and operating cash flow have more than doubled.
Neutral
Business Wire
1 month ago
McGrath First Quarter Earnings and Conference Call Scheduled for April 24, 2025
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2025, after the close of regular market trading on Thursday, April 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 24, 2025, to discuss the results. The conference call may be acce.
Neutral
Business Wire
2 months ago
McGrath to Participate in the Sidoti Small-Cap Virtual Conference
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP, and Chief Financial Officer, will participate in investor meetings at the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025. ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with.
Neutral
Seeking Alpha
3 months ago
McGrath RentCorp (MGRC) Q4 2024 Earnings Call Transcript
McGrath RentCorp (NASDAQ:MGRC ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti Daniel Moore - CJS Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
3 months ago
McGrath (MGRC) Tops Q4 Earnings Estimates
McGrath (MGRC) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.30 per share a year ago.
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